Civic Intelligence

North Carolina Transportation Museum Foundation

990 • Fiscal year 2015 • EIN 58-1315178

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 03, 2016

Organization ProfileNCTRANS.ORG
PO Box 69Spencer, NC 28159-0007

(704) 636-2889

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.07x

Higher debt load relative to assets than 56% of similar nonprofits.

2015 filings • NTEE A • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

64th percentile

0.22x

Higher debt load relative to revenue than 64% of similar nonprofits.

2015 filings • NTEE A • $5M-$10M nonprofits • Source year 2015

Net Margin

6th percentile

-48%

Higher net margin than 6% of similar nonprofits.

2015 filings • NTEE A • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

30th percentile

$67,668

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2015 filings • NTEE A • $5M-$10M nonprofits • Source year 2015

Asset Growth

8th percentile

-9.6%

Faster asset growth than 8% of similar nonprofits.

2015 filings • NTEE A • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

5.6%

Faster revenue growth than 61% of similar nonprofits.

2015 filings • NTEE A • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$5,815,136

Down $619,324 (-9.6%) from 2014

Net Assets

Down

$5,407,740

Down $866,141 (-14%) from 2014

Liabilities

Up

$407,396

Up $246,817 (+154%) from 2014

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin6th percentile

Revenue

Up

$1,821,148

Up $96,823 (+5.6%) from 2014

Expenses

Up

$2,687,289

Up $1,020,698 (+61%) from 2014

Net Income

Down

-$866,141

Down $923,875 (-1600%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $5,989,290Liabilities 2011: $53,622Net Assets 2011: $5,935,6682011Assets 2012: $6,375,616Liabilities 2012: $250,081Net Assets 2012: $6,125,5352012Assets 2013: $6,364,030Liabilities 2013: $147,883Net Assets 2013: $6,216,1472013Assets 2014: $6,434,460Liabilities 2014: $160,579Net Assets 2014: $6,273,8812014Assets 2015: $5,815,136Liabilities 2015: $407,396Net Assets 2015: $5,407,7402015Assets 2016: $5,343,829Liabilities 2016: $510,261Net Assets 2016: $4,833,5682016Assets 2017: $5,274,875Liabilities 2017: $454,784Net Assets 2017: $4,820,0912017Assets 2018: $5,977,663Liabilities 2018: $494,015Net Assets 2018: $5,483,6482018Assets 2019: $6,601,457Liabilities 2019: $631,748Net Assets 2019: $5,969,7092019Assets 2020: $6,594,255Liabilities 2020: $375,303Net Assets 2020: $6,218,9522020Assets 2021: $8,726,700Liabilities 2021: $780,103Net Assets 2021: $7,946,5972021Assets 2022: $11,455,078Liabilities 2022: $1,051,660Net Assets 2022: $10,403,4182022Assets 2023: $12,498,628Liabilities 2023: $1,670,240Net Assets 2023: $10,828,3882023Assets 2024: $13,384,041Liabilities 2024: $2,066,667Net Assets 2024: $11,317,3742024Assets 2025: $14,089,178Liabilities 2025: $2,394,699Net Assets 2025: $11,694,4792025

Highlighted filing

2015

Assets$5,815,136
Liabilities$407,396
Net Assets$5,407,740
Open 2015 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $1,820,642Expenses 2011: $1,728,699Net Income 2011: $91,9432011Revenue 2012: $1,431,941Expenses 2012: $1,242,074Net Income 2012: $189,8672012Expenses 2013: $1,456,2252013Revenue 2014: $1,724,325Expenses 2014: $1,666,591Net Income 2014: $57,7342014Revenue 2015: $1,821,148Expenses 2015: $2,687,289Net Income 2015: -$866,1412015Revenue 2016: $3,380,882Expenses 2016: $3,955,054Net Income 2016: -$574,1722016Revenue 2017: $3,416,409Expenses 2017: $3,429,886Net Income 2017: -$13,4772017Revenue 2018: $4,465,482Expenses 2018: $3,801,925Net Income 2018: $663,5572018Revenue 2019: $5,135,365Expenses 2019: $4,649,304Net Income 2019: $486,0612019Revenue 2020: $4,812,064Expenses 2020: $4,562,821Net Income 2020: $249,2432020Revenue 2021: $3,656,960Expenses 2021: $1,929,315Net Income 2021: $1,727,6452021Revenue 2022: $7,616,895Expenses 2022: $5,136,515Net Income 2022: $2,480,3802022Revenue 2023: $6,120,680Expenses 2023: $5,720,976Net Income 2023: $399,7042023Revenue 2024: $6,894,716Expenses 2024: $6,460,805Net Income 2024: $433,9112024Revenue 2025: $8,051,419Expenses 2025: $7,695,054Net Income 2025: $356,3652025

Highlighted filing

2015

Revenue$1,821,148
Expenses$2,687,289
Net Income-$866,141
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 3, 2016
Return Version
2014v6.0
Gross Receipts
$2,702,142
Mission and Program Overview

Mission

Preserve and interpret the history of transportation in north carolina and present this history in a manner that allows visitors to enjoy their experience as well as learn from it.

Provides development and support for the nc transportation museum. The foundation assists with fund-raising for preservation projects and educational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,870,058$2,278,695▼ $591,363
Inventories for Sale or Use$139,720$206,337▲ $66,617
Accounts Receivable$73,017$112,862▲ $39,845
Pledges and Grants Receivable$152,410$103,505▼ $48,905
Land, Buildings, and Equipment, Net$52,570$100,600▲ $48,030
Prepaid Expenses and Deferred Charges$42,160$54,247▲ $12,087
Investments in Publicly Traded Securities$17,507$18,114▲ $607
Total Assets$6,434,460$5,815,136▼ $619,324
Other Assets Total$3,087,018$2,940,776▼ $146,242
Liabilities
Mortgage Notes Payable Secured by Investment Property-$240,000-
Accounts Payable and Accrued Expenses$142,372$140,409▼ $1,963
Deferred Revenue$18,207$26,987▲ $8,780
Total Liabilities$160,579$407,396▲ $246,817
Net Assets / Fund Balance
Unrestricted Net Assets$4,273,952$3,985,509▼ $288,443
Temporarily Rstr Net Assets$1,999,929$1,422,231▼ $577,698
Total Net Assets Fund Balance$6,273,881$5,407,740▼ $866,141
Total Liabilities and Net Assets / Fund Balance$6,434,460$5,815,136▼ $619,324

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$100,600$181,026$281,626
Other Assets Org$68,047--
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleBaseTotal
Kelly Alexander-$67,668$67,668

Board Members and Trustees

NameTitle
Steve MerschPresident
Bill Wilkerson-
Durwood Laughinghouse-
George Weber-
Jim FreemanChief Operat
Sturges BryanSecretary
Tracey MotleyTreasurer
Bruce EssickVice Preside
Jerry ShepardsonVice Preside
Leonard MartinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$258,123
Program Service Revenue
$1,697,687
Investment Income
$-246,625
Other Revenue
$111,963
All Other Contributions
$228,123
Change in Net Assets
$-866,141

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,821,148
Total Revenue per Audited Statements
$1,821,148
Total Revenue per Form 990
$1,821,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,345,010
Salaries, Compensation, and Employee Benefits$342,279
Total Fundraising Expense$97,251
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Royalties$389,057--$389,057
Other Salaries and Wages$166,673$47,781$37,557$252,011
Fees for Services Other$235,890--$235,890
Office Expenses$181,452$28,128$22,859$232,439
All Other Expenses$176,246$25,052$26,460$227,758
Travel$93,448$7,043$234$100,725
Advertising$82,254--$82,254
Insurance$69,520$9,292-$78,812
Other Expenses$76,387--$76,387
Fees for Services Legal$30,812$39,060-$69,872
Current Officers, Directors, Trustees, and Key Employees-$67,668-$67,668
Information Technology$2,010$11,391$6,779$20,180
Payroll Taxes$7,512$7,809$2,815$18,136
Pension Plan Contributions$1,341$2,576$547$4,464
Fees for Services Lobbying-$1,402-$1,402
Total Functional Expenses$2,342,836$247,202$97,251$2,687,289

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,687,289
Total Expenses per Audited Statements$2,687,289
Total Expenses per Form 990$2,687,289
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The chief operating officer and finance committee review a draft of the 990 and discuss any obersrvations, questions or changes with the cpa retrun preparer. Members of the board of directors are forwarded a copy of the 990 for their review and given an opportunity to reply to management with any observations, questions or changes.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy is distributed annually to board members and staff, who are asked to sign the policy and reveal in writing any potential conflicts of interest. Board members and staff are reminded at meetings and in official communications to recuse themselves from any actions where a potential conflict may exist. If it is revealed that a board member has violated the conflict of interest policy they are removed from the governing board.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy and financial statements are made accessible in the business office and available for inspection to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Nc Transportation Museum Foundation
EIN
58-1315178
Phone
7046362889
Address
PO BOX 69, SPENCER, NC 28159-0007

Signing Officer

Name
Steven J Mersch
Title
President
Phone
7046362889
Signed
2016-02-03

Organization Details

Principal Officer
Steven J Mersch President
Formed
1977
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
18
Volunteers
250

Preparer

Firm
Brent H Parks CPA Pa
Address
1816 E INNES ST STE 101, SALISBURY, NC 28146
Preparer
Brent H Parks
Phone
7046338700
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Train excursions, thomas the tank rides and other special events held during the year to promote and educate the public of railroad transportation and provide riding experiences.”

Financial Statement Notes

Schedule D, Page 2, Part III, Line 4

“Collections represent railroad rolling stock, aircraft and other transportation related vehicles and equipment that were historically significant in the development of transportation in our country. These items have been restored and are perpetually preserved as museum exhibits for the education of current and future generations.”

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IRS990/OfficeExpensesGrp/TotalAmt0232439
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03087018
IRS990/OtherAssetsTotalGrp/EOYAmt02940776
IRS990/OtherExpensesGrp/Desc0EXHIBIT RESTORATIONS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3RENTALS
IRS990/OtherExpensesGrp/ProgramServicesAmt0603151
IRS990/OtherExpensesGrp/ProgramServicesAmt1121409
IRS990/OtherExpensesGrp/ProgramServicesAmt2105674
IRS990/OtherExpensesGrp/ProgramServicesAmt376387
IRS990/OtherExpensesGrp/TotalAmt0603151
IRS990/OtherExpensesGrp/TotalAmt1121409
IRS990/OtherExpensesGrp/TotalAmt2105674
IRS990/OtherExpensesGrp/TotalAmt376387
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt037557
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047781
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0166673
IRS990/OtherSalariesAndWagesGrp/TotalAmt0252011
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02815
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07809
IRS990/PayrollTaxesGrp/ProgramServicesAmt07512
IRS990/PayrollTaxesGrp/TotalAmt018136
IRS990/PensionPlanContributionsGrp/FundraisingAmt0547
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02576
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01341
IRS990/PensionPlanContributionsGrp/TotalAmt04464
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0152410
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0103505
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042160
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt054247
IRS990/PrincipalOfficerNm0STEVEN J MERSCH PRESIDENT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1RAIL & TURNTABLE RIDES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01519057
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1178630
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01519057
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1178630
IRS990/ProgSrvcAccomActy2Grp/Desc0TRAIN OPERATIONS - OPPORTUNITIES FOR VISITORS TO EXPERIENCE TRANSPORTATION VIA RAIL RIDES AND ROLLING STOCK EXHIBITS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0292863
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0178630
IRS990/ProgSrvcAccomActy3Grp/Desc0EXHIBIT MAINTENANCE AND RESTORATION - RESTORE AND MAINTAIN HISTORIC EXHIBITS AND ARTIFACTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0753351
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TRAIN EXCURSIONS, THOMAS THE TANK RIDES AND OTHER SPECIAL EVENTS HELD DURING THE YEAR TO PROMOTE AND EDUCATE THE PUBLIC OF RAILROAD TRANSPORTATION AND PROVIDE RIDING EXPERIENCES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01218946
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt01631020
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0257182
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt032554
IRS990/PYOtherExpensesAmt01477729
IRS990/PYOtherRevenueAmt082669
IRS990/PYProgramServiceRevenueAmt01351992
IRS990/PYRevenuesLessExpensesAmt056301
IRS990/PYSalariesCompEmpBnftPaidAmt0190367
IRS990/PYTotalExpensesAmt01668096
IRS990/PYTotalRevenueAmt01724397
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-866141
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/ProgramServicesAmt0389057
IRS990/RoyaltiesGrp/TotalAmt0389057
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02870058
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02278695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0258123
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0257182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0350193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0534173
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0588723
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01988394
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013908
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt032554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033767
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt035834
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt053357
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0169420
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02280111
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92150
IRS990ScheduleA/PublicSupportPY170Pct00.89980
IRS990ScheduleA/PublicSupportTotal170Amt01988394
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0258123
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0257182
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0350193
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0534173
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0588723
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01988394
IRS990ScheduleA/TotalSupportAmt02157814
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt070
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt01838
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt02635
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt01021
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt05564
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0280
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt07351
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt010539
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt04084
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt022254
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt01402
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt036756
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus2Amt052697
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus3Amt020421
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt0111276
IRS990ScheduleC/Form4720FiledInd0false
IRS990ScheduleC/GrassrootsCeilingAmt08346
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt070
IRS990ScheduleC/LobbyingCeilingAmt033381
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0280
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt01402
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt01402
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt01402
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt01122
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt02872132
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedLoanOrExchProgInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt0100600
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0181026
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0281626
IRS990ScheduleD/ExpensesSubtotalAmt02687289
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02872729
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt168047
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EXHIBITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1BEN INTEREST IN ASSETS BY OTHERS
IRS990ScheduleD/RevenueSubtotalAmt01821148
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COLLECTIONS REPRESENT RAILROAD ROLLING STOCK, AIRCRAFT AND OTHER TRANSPORTATION RELATED VEHICLES AND EQUIPMENT THAT WERE HISTORICALLY SIGNIFICANT IN THE DEVELOPMENT OF TRANSPORTATION IN OUR COUNTRY. THESE ITEMS HAVE BEEN RESTORED AND ARE PERPETUALLY PRESERVED AS MUSEUM EXHIBITS FOR THE EDUCATION OF CURRENT AND FUTURE GENERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART III, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0100600
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02940776
IRS990ScheduleD/TotalExpensesPerForm990Amt02687289
IRS990ScheduleD/TotalRevenuePerForm990Amt01821148
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01821148
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02687289
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRAIN EXCURSIONS, THOMAS THE TANK RIDES AND OTHER SPECIAL EVENTS HELD DURING THE YEAR TO PROMOTE AND EDUCATE THE PUBLIC OF RAILROAD TRANSPORTATION AND PROVIDE RIDING EXPERIENCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHIEF OPERATING OFFICER AND FINANCE COMMITTEE REVIEW A DRAFT OF THE 990 AND DISCUSS ANY OBERSRVATIONS, QUESTIONS OR CHANGES WITH THE CPA RETRUN PREPARER. MEMBERS OF THE BOARD OF DIRECTORS ARE FORWARDED A COPY OF THE 990 FOR THEIR REVIEW AND GIVEN AN OPPORTUNITY TO REPLY TO MANAGEMENT WITH ANY OBSERVATIONS, QUESTIONS OR CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO BOARD MEMBERS AND STAFF, WHO ARE ASKED TO SIGN THE POLICY AND REVEAL IN WRITING ANY POTENTIAL CONFLICTS OF INTEREST. BOARD MEMBERS AND STAFF ARE REMINDED AT MEETINGS AND IN OFFICIAL COMMUNICATIONS TO RECUSE THEMSELVES FROM ANY ACTIONS WHERE A POTENTIAL CONFLICT MAY EXIST. IF IT IS REVEALED THAT A BOARD MEMBER HAS VIOLATED THE CONFLICT OF INTEREST POLICY THEY ARE REMOVED FROM THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE ACCESSIBLE IN THE BUSINESS OFFICE AND AVAILABLE FOR INSPECTION TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01999929
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01422231
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,815,136
Liabilities
$407,396
Net assets
$5,407,740
Revenue
$1,821,148
Expenses
$2,687,289
Net income
-$866,141
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$2.39$11.7$8.05$7.70$0.36
2024Summary only. Only limited summary data is available for this year.$13.4$2.07$11.3$6.89$6.46$0.43
2023Summary only. Only limited summary data is available for this year.$12.5$1.67$10.8$6.12$5.72$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$1.05$10.4$7.62$5.14$2.48
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.73$0.78$7.95$3.66$1.93$1.73
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.59$0.38$6.22$4.81$4.56$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$0.63$5.97$5.14$4.65$0.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.98$0.49$5.48$4.47$3.80$0.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.27$0.45$4.82$3.42$3.43$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.34$0.51$4.83$3.38$3.96$0.57
2015Detailed filing. Detailed filing data is available for this year.$5.82$0.41$5.41$1.82$2.69$0.87
2014Detailed filing. Detailed filing data is available for this year.$6.43$0.16$6.27$1.72$1.67$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.36$0.15$6.22$1.46
2012Summary only. Only limited summary data is available for this year.$6.38$0.25$6.13$1.43$1.24$0.19
2011Summary only. Only limited summary data is available for this year.$5.99$0.05$5.94$1.82$1.73$0.09
Peer Organizations

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